The cost of bitcoin dropped below $80,000 for the first time since April 2025

The cost of bitcoin (BTC) dropped below the $80k mark. This was confirmed on January 31 by data from the Binance cryptocurrency exchange.

"Bitcoin has dropped below $80,000 and is now trading at $79,000, with a decrease of 3.80% in 24 hours," Binance notes.

This became a level that the exchange rate of the first cryptocurrency has not touched since the second half of April 2025, according to trading data. This dynamic reflects the continued pressure on the crypto market amid general market uncertainty and a decrease in investor appetite for risky assets.

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Alexander Schneiderman, head of Alfa-Forex's Customer support and Sales department, explained the reasons for the sharp drop in BTC on January 30. This was the result of external macroeconomic and market factors, rather than the internal problems of the cryptocurrency.

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